- Methanex's production output was affected by lower gas availability in Egypt and Chile, while Trinidad boosted overall output.
- Methanex, a Vancouver-based company listed on the TSX, operates a methanol plant in Trinidad and Tobago but failed to agree on a new natural gas contract.
Methanex and Proman face challenges in the Point Lisas complex after failing to secure a new natural gas contract, compounded by leadership issues.
2 reports, 1 independent
Updated Oct 11
Gone quiet
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Methanex and Proman face challenges in the Point Lisas complex after failing to secure a new natural gas contract, compounded by leadership issues.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Contract negotiations failed, leading to facility idling and restructuring for Methanex and Proman in Trinidad and Tobago.1 source
The company's leadership tenure is cited as a barrier to industry improvement amidst the contract failure.1 source
Keep exploring
The entities involved
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Methanex
Canadian methanol company
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Proman
chemical company based in Switzerland
Nothing else this week.
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Kamla Persad-Bissessar
politician from Trinidad and Tobago